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Supreme Court Upholds Independence of State Electricity Regulatory Commissions
The Supreme Court of India affirmed the autonomy of State Electricity Regulatory Commissions (SERCs), emphasising their discretion to operate independently of government directives, thus enhancing transparency and competition in the electricity sector nationwide.
Supreme Court | October 17, 2024 | By EI News Network | 912
MERC Orders Compensation for APTFPL Following SC Ruling on GIB
The Maharashtra Electricity Regulatory Commission (MERC) ordered compensation for Azure Power Thirty-Four Pvt. Ltd. due to increased costs from the Supreme Court's bird protection directives, recognising these as a 'Change in Law' under their Power Purchase Agreement with Maharashtra State Electricity Distribution Co. Ltd.
Supreme Court | July 24, 2024 | By EI News Network | 668
Supreme Court Verdict Balances Bustard Conservation and Renewable Energy Development
Supreme Court, in its earlier decision, has put restrictions on the laying of overhead transmission lines in an area of more than 80,000 sq km spread over Rajasthan and Gujarat, which had impacted a massive capacity of renewable energy projects.
Supreme Court | March 22, 2024 | By Anurima Mondal | 1488
CERC Grants Compensation to Ostro Energy in Landmark Decision on GST Rate Hike
OEPL, known for its involvement in solar power projects, argued that the GST rate hike resulted in additional project costs, qualifying as a "Change in Law" event under the PPA.
Supreme Court | December 28, 2023 | By Abha Rustagi | 883
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